Technical Analysis

Gold fell below the support 3055 last Friday and met the target of 2980. As we see over the chart, the market is now facing resistance around 3055 and support around 2980-90. Above 3055 more advance will be expected with resistances…
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Crude Oil started free falling after the US trade war began. As we see on the daily chart, prices still face pressure even though the market is trading inside an oversold zone now. If prices remain below the 65.05-50 resistance zone,…
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USDJPY rebounded from 144.55 before testing the support at 143.60-90. As we see over the Intraday chart, the market still has a chance for another test to the support at 143.60-90, as long as prices keep holding below 147.45, which in…
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GBPUSD also dropped and hit below the support of 1.2860. As we see from the chart and if prices remain below the 1.0935 resistance, more of a drop toward the 1.2560-1.2600 zone will be expected. Above 1.2935 more advance could hit the…
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The Euro held below the daily resistance of 1.1210-75 and dropped further towards 1.0880 so far since last Friday. As we see on the chart, the target remains at the 1.0750-8 zone which could push for a rebound. Below 1.0730 more of a…
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SPX 500(S&P) drops lower The SPX 500(S&P) opened the new week lower after the market continued to digest Donald Trump's trade tariffs. If price action stabilises and hits a bottom around 5000, a series of higher lows could help…
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Dow is closing from short run support 38800 which may push for some rebound correction toward 39800-900 zone Below 38800 market may enter new drop wave toward 37500 SUPPORT RESISTANCE LEVEL1 38800-40 39700 LEVEL2…
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Gold Intraday Indicator start to show weekness which may lead for farther drop correction movement As we see over the chat and as long as market holding support 3055-65 a chance for another advance toward 3150 may hit the market Below…
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Crude Oil start free fall after US trade war begun As we see over the Daily Chart, market still facing drop pressure despite that market trading inside oversold zone now As long as market keep holding trades below 65.05-50 resistance…
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